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Rupee in race to become world's reserve currency; Watch US dollars dominance and decline in last 100 years

The US economy is showing signs of slowing down, with other economies - especially China and India - catching up fast. Additionally, increased trade wars and sanctions by the US have accentuated the search for a new trade mechanism other than US Dollar. Rupee is in the race to become world’s reserve currency. Watch this Visual Story to see US dollar s dominance and decline in the last 100 years. ....

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Rupee 2nd best-performing EM currency in April; Uday Kotak highlights rare opportunity for INR to go global

Dollar to Rupee: After the Indonesian Rupiah, the Indian rupee was among the best-performing Emerging Markets (EM) currencies in April. Watch this Visual Story to know all about rupee appreciation, and what Uday Kotak said about rupee becoming a global currency. ....

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Rupee falls 15 paise to close at all-time low of 82.32 against US dollar

The rupee opened at 82.19, then fell further to 82.43 and finally settled for the day at an all-time low of 82.32 against the American currency At the interbank foreign exchange market, registering a decline of 15 paise over its previous close. ....

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Rupee opens at record low for first time, breaches 81- mark against US dollar

At the interbank foreign exchange, the rupee opened at 81.08 against the greenback, then fell further to 81.23, registering a fall of 44 paise over its previous closing. ....

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